An Internal Placement Policy Should Include Which of the Following

question 50

Multiple Choice

An internal placement policy should include which of the following elements to increase perceptions of procedural justice?

• A) Minimal communication to avoid getting employee hopes up.
• B) Clearly stated policies and procedures and objective criteria.
• C) Heavy use of personal relationships as part of the organization's communication and hiring process, to facilitate networking.
• D) It is unclear that there is much of anything an organization can do to increase perceived justice.

---

Definitions:

Effective Annual Rate

The effective annual rate is the interest rate on a financial product restated from the nominal rate as an annual rate that takes into account compounding over a given period.

Nominal Annual Rate

The interest rate stated on a loan or financial product, not accounting for compounding or inflation over time.

Interest Payments

Periodic payments made to lenders or bondholders as compensation for lending their money.

Nominal Interest Rate

The stated interest rate of a bond or loan, not adjusted for inflation, representing the actual annual cost of borrowing.